1. How does advertising and media messages influence people?
2. How does organizational learning and creativity play in helping managers to improve their decisions?
3. A contest offers the winner the following prize: $9,050.00 to be paid in one year with each future payment 5.00% greater than the last. The payoff will go forever!
A person considering the contest expects to earn 8.00% per year on his money. What is the value of this prize in today’s dollars?